Daily Look

EURUSD Daily Pivots R3 1.077 R2 1.0694 R1 1.063 Pivot 1.0554 S1 1.049 S2 1.0414 S3 1.035   From the daily charts, EURUSD managed to form an inside bar on …

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All eyes on the Fed this week as the market becomes more and more focused on whether the word “patience” will be dropped from their statement this Wednesday. Considering the …

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EURUSD Daily Pivots R3 1.0895 R2 1.0789 R1 1.0705 Pivot 1.0599 S1 1.0515 S2 1.0410 S3 1.0326   EURUSD dropped to make a new lower low at 1.04726 but managed …

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The Euro has continued to crumble over the past week, falling to a 12-year low against the Dollar, and a 9-year low against Sterling. The Greenback has also been on …

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EUR/USD continued to slump this week, as sentiment towards the ECB’s recently adopted quantitative easing programme turned even more negative and confidence in Greece’s austerity reform promises worsened. This happened …

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EURUSD Daily Pivots R3 1.0896 R2 1.0789 R1 1.0706 Pivot 1.06 S1 1.0517 S2 1.041 S3 1.0327   EURUSD managed to reverse from the lows and also broke the falling …

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As next week’s Fed meeting approaches, more thoughts are being given to the impact of the relentless rise of the US currency on the broader economy. This in part explains …

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We are entering the European session with the dollar under pressure, but that comes after what has been a relentless rise so far this month and especially so against the …

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EURUSD Daily Pivots R3 1.0986 R2 1.0920 R1 1.0799 Pivot 1.0733 S1 1.0612 S2 1.0546 S3 1.0425   EURUSD continues to weaken with every passing day showing no respite with …

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The path of least resistance for the single currency has been lower through most of the month and that was especially the case yesterday. The euro was down 1.4% over …

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